17184 SW 138th Ct
Miami, FL 33177 · townhomes · For Sale · 111 days on market
Asking price$450,000
3 beds 2 baths 1,380 sqft
Suggested offer$445,512$4,488 above the est. market value of $445,512.
View on Realtor.com →Listed by Frank Obregon · New Era Solutions, Inc.
Typetownhomes
Built2004
Price / sqft$326
Est. value (own analysis)$445,512
Rent estimate (own analysis)$2,700/mo
HOA$100/mo
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire2/10Minor
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Statusfor_sale
Listed date2026-05-14
Removed date—
MLSMiamiMLS #A12017555
Coordinates25.60788, -80.41662
Address17184 SW 138th Ct
CityMiami
StateFL
Zip33177
Listing ID6060744030
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33177)
Typical home value (ZHVI)$574,510
Typical rent (ZORI)$2,784/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $450,000 |
| Down payment (20.0%) | $90,000 |
| Loan amount | $360,000 |
| Closing costs (5.0%) | $22,500 |
| Total cash to close | $112,500 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $713$8,550 |
| Insurance (est. scaled by flood & wind risk) | $525$6,300 |
| HOA dues | $100$1,200 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $1,473$17,670 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $135$1,620 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 3 | 1,440 | $2,900 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,462 | $2,700 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,462 | $2,890 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,319 | $2,700 | 2026-07-06 | — | |
| townhomes | 3 | 2 | 1,380 | $2,500 | 2026-07-03 | — | |
| townhomes | 3 | 3 | 1,220 | $2,500 | 2026-06-30 | — | |
| townhomes | 3 | 3 | 1,462 | $2,550 | 2026-06-10 | — | |
| townhomes | 3 | 3 | 1,436 | $3,389 | — | — | |
| townhomes | 3 | 3 | 1,436 | $3,389 | — | — | |
| townhomes | 3 | 2 | 1,290 | $2,600 | 2026-08-31 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 17306 SW 139th Ct | townhomes | 3 | 3 | 1,270 | $428,000 | 2026-08-21 |
| 13906 SW 173rd Ter | townhomes | 3 | 2 | 1,270 | $410,000 | 2026-08-03 |
| 13839 SW 152nd Ter | townhomes | 3 | 2 | 1,171 | $443,000 | 2026-07-27 |
| 14085 SW 179th Ter Unit 14085 | townhomes | 3 | 3 | 1,319 | $425,000 | 2026-07-13 |
| 13709 SW 170th Ter | townhomes | 3 | 2 | 1,252 | $437,000 | 2026-06-29 |
| 13402 SW 153rd St Apt 1905 | townhomes | 3 | 3 | 1,500 | $405,000 | 2026-05-04 |
| 13912 SW 174th Ter | townhomes | 3 | 2 | 1,270 | $410,000 | 2026-03-30 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 13931 SW 156th Ter | single_family | 3 | 2 | 1,536 | $720,000 | — |
| 19100 SW 132nd Pl | single_family | 3 | 3 | 2,137 | $899,999 | — |
| 19422 SW 119th Ct | single_family | 3 | 2 | 1,705 | $1,018,000 | — |
| 21483 SW 132nd Pl | single_family | 3 | 3 | 1,959 | $765,000 | — |
| 12382 SW 213th Ter | single_family | 3 | 2 | 1,539 | $649,000 | — |
| 15771 SW 137th Ave Apt 201 | condos | 3 | 2 | 1,120 | $329,900 | — |
| 13763 SW 160th St | single_family | 3 | 3 | 1,440 | $435,000 | — |
| single_family | 3 | 2 | 1,420 | $619,000 | — |
10-year hold projection
IRR-0.1%
Equity multiple0.98x
Total return (10yr)$56,341
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $463,500 | $12,138 | -$17,244 | $356,097 | $107,403 |
| 2 | $477,405 | $12,590 | -$16,832 | $351,925 | $125,480 |
| 3 | $491,727 | $13,059 | -$16,405 | $347,468 | $144,259 |
| 4 | $506,479 | $13,543 | -$15,963 | $342,704 | $163,775 |
| 5 | $521,673 | $14,045 | -$15,505 | $337,613 | $184,060 |
| 6 | $537,324 | $14,564 | -$15,031 | $332,172 | $205,151 |
| 7 | $553,443 | $15,101 | -$14,540 | $326,358 | $227,085 |
| 8 | $570,047 | $15,656 | -$14,031 | $320,145 | $249,902 |
| 9 | $587,148 | $16,231 | -$13,505 | $313,505 | $273,643 |
| 10 | $604,762 | $16,825 | -$12,959 | $306,408 | $298,354 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.